Skip to main content

About your Search

20121204
20121204
Search Results 0 to 8 of about 9 (some duplicates have been removed)
it often doesn't work out that way. in fact from kennedy to reagan to clinton to w. bush lower tax rates frequently increased tax revenues, particularly at the upper end of the income stream. so here now to discuss this we have cnbc contributor keith boykin a former clinton white house aide and forbes media chairman steve forbes author of freedom manifesto, why free markets are moral and big government is not. love that. hey steve and keith. keith boykin i'll give you a little supply side. you'll hate this. this couples from the irs. the irs is going to use the bush cut, the dreaded bush tax cuts. the richest 1% paid $84 billion inflation adjusted dollars more between 2000 and 2007. that's a rise of 23%. in other words, their tax rates went down. and their tax revenues went up. now, isn't mr. obama making a mistake? >> well, the rich are paying more in taxes because the rich are disproportionately receiving most of the income in this country. the reality, larry, is that in my lifetime we've actually only raised income tax rates three times. once in 1969 to pay for the vietnam war. once i
bowles idea. they summarized the testimony that the bill clinton chief of staff last year gave about what he thought might kind of be a workable budget deal way back then. because bowles is a democrat, the republicans thought they he could try to pretend that agreeing with a single democrat means that they are actually willing to compromise big time even though erskine bowles is a very easy democrat to negotiate with, unlike the actual elected democrats in washington. in other words, erskine bowles is willing to compromise on things or was willing to compromise on things that the democrats are not willing to co comp pro mice on. which means that it's utterly meaningless on your way to try to get a deal with the president of the united states. erskine bowles' proposal included a $600 billion cut in medicare spending which he achieved by raising the medicare eligibility age. so republicans just proposed raising the eligibility age for medicare, a proposal that polls show is supported by a full 30% of the american people and rejected by only 67% of them. white house communications director d
the plan is based on a proposal by former clinton chief of staff erskine bowles. bowles said he was flattered by the use of his name but satsz the proposal, quote -- so far, this greek fiscal drama has yet failed to return. the larger question for america, the play ends in tragedy on december 31st. joining me now from washington, is the president for -- president of americans for tax reform, conservative counter broker and the man who does not believe in unicorns, pink or otherwise, mr. grover norquist. grover, what a day to have you on the show. thanks for joining us. >> absolutely. of course, you know, north korea and -- media announced they did find unicorns in north korea. >> we don't often take our cues from them. i am one that firmly believes in the existence of unicorns somewhere and hopefully maybe in this fiscal cliff deal. grover, the first question i have for you is this, your pledge, the pledge that many republicans have signed on to, opposes any and all efforts to increase marginal income tax rates and opposes any net reduction or elimination of deductions and credi
come as hillary clinton made repeated the united states position that it will not tolerate the use of chemical weapons. >> we have made our views very clear. this is a red line for the united states. >> so is the united states about to get involved in syria's 20-month-old conflict? out front tonight, bob baer, peter brooks. nice to have both of you with us. bob, what do you think when does the united states get involved? >> i think the fact they're mixing it is highly alarming, of course. if they start deploying this, if they start putting it on artillery shells, if it looks like they're going to really fire this stuff, you know, i don't see any choice but we're going to have to go in. the west is completely -- what i'd also like to say is, that with the alloites, the regime that runs syria, would they use it? absolutely. if their back is against the wall and they think they're going to go down, they will use any of these binary gases that would stop the revolt, what they would -- they are that desperate. i don't know that they're at that point, but if they do, we really have to th
syria. hillary clinton had a statement out yesterday. she's in the czech republic, and she said this. i'm not going to telegraph in any specifics what we would do in the event there's credible evidence that the assad regime has resorted to using chemical weapons against their own people, but suffice it to say we are certainly planning to take action if that eventuality were to occur. first of all, what do you think that means, specifically? and, and what should it mean? >> i think it means that it's a red line for americans and the world. if that were to happen then i would expect some form of very tough military response. >> which would be what? >> i think it would be unlikely to speculate and specify right now and that's why she's being cautious in what she said. but up to now, what the west has been doing is giving some political support to the syrian opposition, obviously trying to resolve the situation as far as is possible. it's not been possible so far. >> and every day 100 people die or more. >> there are a lot of people dying. now the death toll probably would be around 40,000
of morning sickness. >> new york mayor michael bloomberg reportedly wants hillary clinton to be his successor. several newspapers reporting the mayor called the secretary of state months ago and urged her to run in 2013 and he's convinced she would win. calling her a perfect fit. mrs. clinton reportedly told mayor bloomberg that she's not interested. >>> all right a renewed appeal for the release of an american prisoner in cuba. 63-year-old alan gross is beginning his fourth year of a 15-year sentence on the island. the u.s. state department issued a new statement calling for his release. gross says he was there in an effort to connect cuba's small jewish community to the internet. the cuban authorities said he was using imported sensitive communications equipment to connect dissidents. >>> two virginia tech football players have been suspended from the team. they're charged with manufacturing and detonating an explosive device. police say 20-year-old joshua trimble and 19-year-old brian roadie were arrested sunday after a small explosion near an apartment building. no one was hurt. an attorn
, and then you have christie. and then could be bush versus clinton again. >> governor, thank you very much. appreciate your time. >> honor to be with you. >> right now it's time for "squawk on the street." ♪ >> good tuesday morning. welcome to "squawk on the street." i'm melissa lee with carl quintanilla, jim cramer and david faber. we're live from post 9 at the new york stock exchange. a vacuum here in terms of u.s. economic data. none on top today. we're looking at a flat open across the board. as for europe, movement there. the buyback of greek debt will in fact work. we're seeing just fractions of a percent in terms of changes there. our road map this morning starts with the latest in the fiscal cliff negotiations. the white house promptly rebuffs the gop counterproposal which calls for $800 billion in new tax revenue but without tax rate increases for the wealthy. could this tax issue deadlock the talks? >>> bank of america ceo warns the cliff must get stalled or the economy could be stifled well into 2014. >>> even more dividends pushed into 2012. coach, american eagle moving up an
Search Results 0 to 8 of about 9 (some duplicates have been removed)